998 Balboa Street
Morro Bay, CA, 93442
$1,069,000
3 Beds
2 Baths
896 SqFt
0.22 Acres
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Endless Possibilities in Morro Heights! This expansive corner lot offers exceptional versatility with two separate homes on a spacious 9,400 sq. ft. lot. The primary residence features 2 bedrooms and 1 bathroom, while the secondary unit is a 1 bedroom, 1 bathroom—perfect for rental income, extended family, or a private guest retreat. Located in desirable Morro Heights, you&#39're just blocks away from Morro Bay&#39's historic downtown, charming shops, restaurants, and the stunning Morro Bay State Park. Whether you&#39're looking to build your dream home with a detached rental unit, renovate and maximize rental income, or explore adding a third unit (buyer to verify with the City of Morro Bay),this property offers a rare opportunity in a neighborhood evolving toward the future.

Property Details

Price:
$1,069,000
MLS #:
SC25108161
Status:
Active
Beds:
3
Baths:
2
Address:
998 Balboa Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Morro Heights 810
Neighborhood:
mrbymorrobay
City:
Morro Bay
Listed Date:
May 16, 2025
State:
CA
Finished Sq Ft:
896
ZIP:
93442
Lot Size:
9,400 sqft / 0.22 acres (approx)
Year Built:
1949
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Schools

School District:
San Luis Coastal Unified

Interior

Appliances
Gas & Electric Range, Gas Water Heater, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Carpet, Laminate
Interior Features
Formica Counters

Exterior

Community Features
Biking, Fishing, Golf, Hiking, Park, Watersports, Street Lights
Fencing
Fair Condition, Wood
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
Back Yard, Corner Lot, Front Yard, Gentle Sloping, Lot 6500-9999, Park Nearby, Sprinklers None, Utilities – Overhead
Parking Features
Driveway – Combination, Garage Faces Front, Garage – Two Door, Parking Space, R V Access/ Parking
Parking Spots
2.00
Pool Features
None
Roof
Composition, Rolled/ Hot Mop
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Hills, Ocean
Water Source
Public

Financial

Association Fee
0.00
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map

Community

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broker reciprocity Courtesy of BHGRE HAVEN PROPERTIES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
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998 Balboa Street
Morro Bay, CA